Redeye remains optimistic about Systemair’s prospects for improved profitability in the coming years. It’s moving in the right direction, although maybe a little slower than we anticipated. Bright spots in the Q3 report was mainly that organic growth returned to positive numbers after three quarters inhibited by the pandemic. We believe the impact from restrictions will abate during the year and expect to see continued growth and better margins ahead. However, we still think there is limited potential in the share at this point. Our Base case fair value is unchanged around SEK 230 per share.